CubeSmart (CUBE) Operating Margin (2010 - 2026)

CubeSmart has reported Operating Margin for 17 years, with the latest figure at 7.46% in Q2 2026.

• On a quarterly basis, Operating Margin fell 64.0% year-over-year to 7.46% in Q2 2026; TTM through Jun 2026 was 7.68%, a 556.0% decrease from a year earlier, with the FY2025 full-year figure at 8.68%, down 683.0% from the prior year.
• Operating Margin was 7.46% for Q2 2026 at CubeSmart, down from 8.22% in the prior quarter.
• The five-year high for Operating Margin was 21.88% in Q4 2023, with the low at 0.15% in Q1 2022.
• Average Operating Margin over 5 years is 11.78%, with a median of 12.28% recorded in 2025.
• The sharpest annual moves came in 2023 and 2025: Operating Margin jumped 1906 bps in 2023, then slumped 1010 bps in 2025.
• Over 5 years, Operating Margin stood at 12.87% in 2022, then jumped by 70 bps to 21.88% in 2023, then retreated by 17 bps to 18.06% in 2024, then plunged by 56 bps to 7.96% in 2025, then decreased by 6 bps to 7.46% in 2026.
• The last three Operating Margin figures came in at 7.46% (Q2 2026), 8.22% (Q1 2026), and 7.96% (Q4 2025), per Business Quant data.